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Rants: OT & OTT > Scotland - What Will They Decide?

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message 1: by K.A. (new)

K.A. Jordan (kajordan) | 3042 comments Anyone want to make a guess on how the voting will go and what it will mean for the UK?


message 2: by Andre Jute (new)

Andre Jute (andrejute) | 4851 comments Mod
The British left, of which the Scottish pols of any type are a part, has an entertaining history of cutting off its nose to spite its face. But I think Salmond and his people will be secretly relieved if the vote goes against them. The risks of the economics of this thing going wrong are bigger than has been grasped by the public, even with the leftwing history of self-mutilation.

Bring the Trotskyite Tendency!


message 3: by K.A. (new)

K.A. Jordan (kajordan) | 3042 comments Yes, I thought it would be a complete disaster to dismantle the two countries. I can't imagine how they would go about it.

I need to see who won.


message 4: by Andre Jute (new)

Andre Jute (andrejute) | 4851 comments Mod
I just looked it up. They voted NO. The people are smarter than the pols, on this showing.


message 5: by K.A. (new)

K.A. Jordan (kajordan) | 3042 comments I think the polling people might have had their kilts tugged a bit, just to put the fear of failure into them.

I'm sure this will be a huge relief for the Queen, who may have had to pay taxes on her Scotland estate. LOL


message 6: by Andre Jute (new)

Andre Jute (andrejute) | 4851 comments Mod
K.A. wrote: "I'm sure this will be a huge relief for the Queen, who may have had to pay taxes on h..."

That is exactly what I mean about the self-laceration of the British Left. Her Majesty is just about the cheapest public servant in the realm, when you measure what she brings in in tourism and foreign exchange, even discounting the imponderables of her influence on unifying the Kingdoms. But for pure class-spite, in plain English simple envy, the leftwingers would drive out the Royal Family. It's stupid beyond belief.

But the canny Scots saw that independence could cost quite a few pennies from every present take-home quid, and voted their consciences, which are counted one hundred to the sterling pound. (Look up "sterling" if you don't get the pun -- it's official designation of the British pound, abbreviated STG or Lsd, for pounds, shillings and pence.)


message 7: by K.A. (new)

K.A. Jordan (kajordan) | 3042 comments I suspected that the UK didn't adopt the Euro, but wasn't sure.

My understanding is that the majority of Scotland is carved into huge blocks of land that belongs to the nobility or the upper class. They can't plant trees because there are too many deer, so the land is barren, fit only for grazing sheep.

It sounds like the opposite of the US where the natives are forced onto vast reservations to live in poverty and squalor as there are no jobs. It's only the last 10 years when the native people decided that building houses would solve two problems, unemployment and housing shortages.

They're working on it now. Only since there's not much wood they're building timber frames with straw bale walls and mud plaster, just like the old Europeans did. Ironic, that.


message 8: by Daniel (new)

Daniel Roberts (daniel-a-roberts) | 467 comments It kind of breaks my heart a little. There's so much to Independence that's not understood, that if it was, nearly 100% of Scotland would be voting yes.

For a moment, remove the political Left and Right from the equation. Remember, Politicians spend money, not make it.

If Scotland voted for Independence, the first thing the World Bank and the infamous International Monetary Fund would have done is ambushed Scotland with a penalty to any fiat generated currency.

Scotland could respond by saying nothing, and setting up their system as a competing currency, which is backed by commodities of value within the country.

Considering that the Onshore GDP of Scotland is £130 Billion for Q1 of 2014, and by dropping the 17% VAT with a hard red line in the ground between their exports and imports, their currency would have jumped in value by at least 15% in the short term, 25% in the long term. (Within 3 years) That would have been a 25% jump in value, without having ever adjusted any costs of living indexes. So, who wouldn't want a 25% pay raise?

The rest of the UK would have taken a much harder economic blow because their currencies are currently fiat, just like the USA. Mutual Economic Destruction replaced Mutual Nuclear Destruction when the Berlin wall fell.

What's more important, Scotland currently has an offshore GDP of £148 billion! Who likes math? I do! £130 Billion Onshore, £148 Billion offshore, leaves a cushion of £18 Billion in reserves that would compete against the World Bank and IMF, and for Scotland all by themselves, that would have been a very nice tax reduction for all of their citizens. When tax money ends up in the hands of consumers, they tend to spend it, increasing their local economy and generating even more tax revenue.

What that means is a £18 Billion slap across Britain's face, and what would be even more encouraging, is the Scottish GDP is growing at a slow, but steady pace. The value of that is important to understand. A slow but steady growth without funding spikes means they are supporting themselves, without help from World Bank or IMF manipulation schemes. If there had been, you would see a 7% jump, and a 5.5% loss from one quarter to the next... which isn't happening.

Jobs in any country, USA included, can be generated from Indepence and self reliance. It's what gave the USA a 25% increase in value from 1776 to 1913. Of course, once the Federal Reserve took over, the USA has lost more than 200% in currency value in a short lived 100 years.

Do you know who makes up the Federal Reserve, right? Maybe three of them are Americans, but they do hide the list of private non-American head bankers who play with it, and of course, are still subscribing, quite successfully that is, to Economic Conquest of the United States.

Scotland could have reversed that trend and made it stick, much to the UK's horror.

Which is why I think the vote was rigged. But that last bit there, is as they say, my humble opinion.

Now you can reinsert the political blowhards who like spending our fiat money. Distract with that hand so you can't see what the other hand is capable of, and from this point of view, the kingpins and hedge fund operators like George Soros continues to grow fat from our ignorance.

Oh, so you all know I'm not talking out of some crazy number I magically pulled out of hat...

http://www.scotland.gov.uk/Topics/Sta...


message 9: by Andre Jute (last edited Sep 22, 2014 04:14PM) (new)

Andre Jute (andrejute) | 4851 comments Mod
1. This all assumes a perfect political system, in particular perfect politicians. Ever meet a pol who sincerely wanted instantly to give the power to spend back to the people?

2. I don't agree that the Fed is a conspiracy. I know it is a rolling ballsup.

3. Personally, I think Bill Gates should buy Scotland and give it to his mate Warren Buffet as a retirement home.


message 10: by Daniel (new)

Daniel Roberts (daniel-a-roberts) | 467 comments Andre,

1. Not necessarily. In fact, Economics and Politics are two different sides. Politicians are parasitic to an economy. They leech off of it, grow their agendas from an economy, but never produce anything in and of themselves. The healthier the economy, the more politicians it attracts, like flies to honey. I like seeing flies get swatted and leave economies to grow, but then I have to be careful, or I'll get labeled as a domestic terrorist right here at home.

2. The Fed never was a conspiracy. It's a private organization with around 30 board members who are not appointed or elected, to control the USA's currency, as handed to them by Woodrow Wilson in 1913. Only the Fed's representative between the US Government and their board members are appointed, by a list provided by the Federal Reserve itself. Congress has the power to take control of our money supply back, but they won't do it...ever. The Federal Reserve has them well fed and fat in funds through stimulus bills.

If Americans knew what was really happening with their money supply today, we would have ourselves a serious revolution all over again. Apathy is a self-indulged bitch, which will get resolved the moment we have our first real dollar collapse. You know, where a barrel full of money is burned instead of buying firewood, because it would be a cheaper way to warm the house.

3. Bill Gates is a Progressive. Thanks to his 'generosity' a nightmare called Common Core Education is plaguing our students into further dimensions of stupid. Gravity could give up on Bill & Melinda Gates tomorrow, and they could fling off into outer space, and I wouldn't shed a single ounce of regret.


message 11: by Andre Jute (new)

Andre Jute (andrejute) | 4851 comments Mod
Heh-heh. That got you going!


message 12: by Daniel (new)

Daniel Roberts (daniel-a-roberts) | 467 comments Andre Jute wrote: "Heh-heh. That got you going!"

Kench!


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